In Case of reply the Ministry of Trade & Industry

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ReRE

GHANA-UK JOINT STATEMENT ON A NEW INTERIM GHANA-UK

TRADE PARTNERSHIP AGREEMENT

4TH FEBRUARY 2021

On 31 December 2020, Ghana and the UK announced that they had reached a
consensus on the main elements of a trade agreement that would replicate the effects
of the trade relationship between Ghana and the UK prior to the end of the Transition
Period following the withdrawal of the UK from the European Union. They stated
their intention to finalise the text of the agreement to reflect progress made in relation
to rules of origin, cumulation arrangements, time-bound commitments, provisions for
development cooperation and commitments to human rights and good governance.
Today Ghana and the UK are pleased to announce that they have finalised negotiations
on a new Interim Ghana-UK Trade Partnership Agreement. This Agreement will
provide for duty free and quota free access for Ghana to the UK market and
preferential tariff reductions for UK exporters to the Ghanaian market.
The Agreement will enter into effect following the completion of relevant internal
procedures required in both Ghana and the UK.
The new Agreement reaffirms the deep interest of both Ghana and the UK to
strengthen their longstanding trade and economic relationship. The Agreement also
reflects the importance of integration between the West African States within the
context of the Economic Community of West African States (ECOWAS) and amongst
African States within the context of the African Continental Free Trade Area. The
Agreement further underscores their shared ambition to enhance relations between the
UK, ECOWAS and African States more broadly.